Segment Information (Tables)

6 Months Ended

Jun. 30, 2015

Segment Information [Abstract]

Selected Financial Data for Segments

The segment also provides video services in portions of Shenandoah County, and leases fiber optic facilities throughout the northern Shenandoah Valley of Virginia, northern Virginia and adjacent areas along the Interstate 81 corridor through West Virginia, Maryland and portions of Pennsylvania.

Three months ended June 30, 2015

(in thousands)

	Wireless		Cable			Wireline		Other			Eliminations			Consolidated Totals
External revenues
Service revenues	$	48,749	$	22,117		$	4,889	$	-		$	-		$	75,755
Other		2,848		1,850			5,248		-			-			9,946
Total external revenues		51,597		23,967			10,137		-			-			85,701
Internal revenues		1,105		186			6,326		-			(7,617	)		-
Total operating revenues		52,702		24,153			16,463		-			(7,617	)		85,701
Operating expenses
Costs of goods and services, exclusive of depreciation and amortization shown separately below		15,903		13,635			7,677		(16	)		(6,919	)		30,280
Selling, general and administrative, exclusive of depreciation and amortization shown separately below		8,917		5,084			1,736		3,969			(698	)		19,008
Depreciation and amortization		8,612		5,859			3,083		109			-			17,663
Total operating expenses		33,432		24,578			12,496		4,062			(7,617	)		66,951
Operating income (loss)	$	19,270	$	(425	)	$	3,967	$	(4,062	)	$	-		$	18,750

Three months ended June 30, 2014

(in thousands)

	Wireless		Cable (1)			Wireline (1)		Other			Eliminations			Consolidated Totals
External revenues
Service revenues	$	47,868	$	18,981		$	4,795	$	-		$	-		$	71,644
Other		2,813		1,823			5,136		-			-			9,772
Total external revenues		50,681		20,804			9,931		-			-			81,416
Internal revenues		1,094		33			5,713		-			(6,840	)		-
Total operating revenues		51,775		20,837			15,644		-			(6,840	)		81,416
Operating expenses
Costs of goods and services, exclusive of depreciation and amortization shown separately below		18,476		12,421			7,737		-			(6,231	)		32,403
Selling, general and administrative, exclusive of depreciation and amortization shown separately below		7,657		4,735			1,493		3,349			(609	)		16,625
Depreciation and amortization		8,071		5,766			2,653		105			-			16,595
Total operating expenses		34,204		22,922			11,883		3,454			(6,840	)		65,623
Operating income (loss)		17,571		(2,085	)		3,761		(3,454	)		-			15,793

Six months ended June 30, 2015

(in thousands)

	Wireless		Cable			Wireline		Other			Eliminations			Consolidated Totals
External revenues
Service revenues	$	97,124	$	43,518		$	9,639	$	-		$	-		$	150,281
Other		5,878		3,613			10,217		-			-			19,708
Total external revenues		103,002		47,131			19,856		-			-			169,989
Internal revenues		2,209		334			12,192		-			(14,735	)		-
Total operating revenues		105,211		47,465			32,048		-			(14,735	)		169,989
Operating expenses
Costs of goods and services, exclusive of depreciation and amortization shown separately below		32,090		27,253			15,011		-			(13,384	)		60,970
Selling, general and administrative, exclusive of depreciation and amortization shown separately below		17,969		9,976			3,234		7,914			(1,351	)		37,742
Depreciation and amortization		16,444		11,338			6,007		212			-			34,001
Total operating expenses		66,503		48,567			24,252		8,126			(14,735	)		132,713
Operating income (loss)		38,708		(1,102	)		7,796		(8,126	)		-			37,276

Six months ended June 30, 2014

(in thousands)

	Wireless		Cable (1)			Wireline (1)		Other			Eliminations			Consolidated Totals
External revenues
Service revenues	$	95,100	$	37,855		$	9,515	$	-		$	-		$	142,470
Other		5,569		3,403			10,426		-			-			19,398
Total external revenues		100,669		41,258			19,941		-			-			161,868
Internal revenues		2,184		59			11,478		-			(13,721	)		-
Total operating revenues		102,853		41,317			31,419		-			(13,721	)		161,868
Operating expenses
Costs of goods and services, exclusive of depreciation and amortization shown separately below		37,132		24,811			15,219		-			(12,523	)		64,639
Selling, general and administrative, exclusive of depreciation and amortization shown separately below		16,089		9,381			2,737		6,764			(1,198	)		33,773
Depreciation and amortization		15,268		11,170			5,350		195			-			31,983
Total operating expenses		68,489		45,362			23,306		6,959			(13,721	)		130,395
Operating income (loss)		34,364		(4,045	)		8,113		(6,959	)		-			31,473

(1) Prior year service and other revenue amounts have been recast to conform to the current year presentation of video and internet equipment revenues being included in service revenue rather than other revenue.

Reconciliation of Income from Continuing Operations from Segments to Consolidated

A reconciliation of the total of the reportable segments’ operating income to consolidated income before taxes is as follows:

	Three Months Ended June 30,
(in thousands)	2015			2014
Total consolidated operating income	$	18,750		$	15,793
Interest expense		(1,940	)		(2,065	)
Non-operating income, net		540			573
Income before taxes	$	17,350		$	14,301

	Six Months Ended June 30,
	2015			2014
Total consolidated operating income	$	37,276		$	31,473
Interest expense		(3,855	)		(4,112	)
Non-operating income, net		1,074			1,182
Income before taxes	$	34,495		$	28,543

Assets by Segment

The Company’s assets by segment are as follows:

(in thousands)	June 30, 2015			December 31, 2014
Wireless	$	227,089		$	218,887
Cable		208,584			201,232
Wireline		98,003			98,081
Other		445,039			446,028
Combined totals		978,715			964,228
Inter-segment eliminations		(356,458	)		(344,986	)
Consolidated totals	$	622,257		$	619,242